LACERA Serves Public Trust With Side of Rice; Oaktree Caution & OC Mortgage Mess; Pimco Power Hire; LAHSA’s Lapse & More

A public office is still a public trust. All public servants – elected, appointed and otherwise – are subject to that truth. The simplest and most profound way public servants can prove and maintain their respect for the public trust is to be transparent in operations and open in communications. …

City of Hope Puts $1B Behind OC Plan; Rising’s Ties; Lucy’s Return, Tom’s Tiger; Pete’s Push

City of Hope has increased the budget for its first comprehensive cancer center beyond LA County by five-fold. The world-renowned cancer treatment and research organization now envisions a $1 billion project anchored by 190,000-square-foot office and research facility along with a hospital at FivePoint Gateway in Irvine. FivePoint Gateway: One …

City Controller to Probe Paloma Street Deal; Sudden Exit at $57B County Pension Fund; Inside Stuff on USC, UCLA Business Deans; Doti’s Extra Drama; Beutner’s Third Strike?

Los Angeles Controller Ron Galperin has taken a first step toward investigating the city’s lease agreement and choice of an operator for an emergency homeless shelter in Downtown Los Angeles. Galperin Galperin’s move comes in response to SullivanSaysSoCal’s coverage of an inexplicably favorable lease deal worth $1.2 million for the …

What Garcetti Won’t Say; Primer About Politics of Homelessness; Mazzo’s LA Menu; CJ Group AEG’s Seoul Sister; La Verne as Laboratory

I want to start this week by giving you all a chance to consider some basic questions that Mayor Eric Garcetti and his staff failed to address and the mainstream media left hanging last week in the wake of City Hall spin that included a claim of record progress despite a …

$4 Million Question on Homeless Program; Ueberroth Still a Sport; Primer-Time for OC Mural; No Staples in Grand Magazine; Hicks Will Take Licks; Assessing EE

I’ll continue to question elected officials about the inexplicably favorable lease rate the City of LA will pay for space for a homeless shelter on Paloma Street … and the status of a $2 million gift from a developer to the office of 1st District City Councilmember Gil Cedillo … …

Fresh Face, Focus in LA County Race; K-Town’s Mural Deal; Knock Brings Boost for Pimco; Chapman’s A+; McDonnell’s Coaching Tree & More

There’s an update on the Paloma Street deal that brings an odor of scandal to the City of LA’s plans for a homeless shelter Downtown farther down in this week’s column, along with some notes on various other sources of stink at City Hall. Some other news on local politics …

Homeless Shelter Landlord’s Record Includes Money Laundering; Capital & Main Meets Irvine Ranch; Paseo for LA Plaza; Astani’s Big Vision

The landlord in line to receive what looks to be an inexplicably favorable lease rate for a portion of a property the City of Los Angeles plans to convert into a homeless shelter paid more than $500,000 to settle prior money laundering charges, according to federal, state and city documents …

Santana’s Fair Piece of Work; Garcetti Can Analyze This; Huizar’s Omission; OC Does Milken; Zocalo Delivers X 2

More reason to wonder and worry about some fast and loose dealings with the public purse for programs to address homelessness – and we’ll get to that in short order. First some good news that comes from Pomona but recalls better days at LA City Hall. Chalk up a win …

City Report on Paloma Street Looks Like Cover-Up; Irvine Goes to the Dogg; LB’s Other Stars; Milken Global’s Local Stir; Down for Dearden’s

Official reports approved by the Los Angeles City Council and accepted by Mayor Eric Garcetti carry the marks of a cover-up on a botched calculation of the lease rate for a warehouse slated to be converted into a homeless shelter on the industrial edge of Downtown. Garcetti City officials from …

Reason to Wonder: Will Soon-Shiong Stick With LA Times?; What Sotheby’s Price Might Say; UCI’s Cup Runneth Over; Frankie Goes to Canada

Los Angeles Times Executive Editor Norman Pearlstine aimed for the funny bone in his keynote address to the LA chapter of the Society of Professional Journalists at the group’s annual Distinguished Journalists Award. He might have hit the heart of a larger matter. Pearlstine Pearlstine earned chuckles with a jab …